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RBI lowers overseas remittances
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Finance
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TOPIC: RBI lowers overseas remittances

RBI lowers overseas remittances 3 years, 3 months ago #1803

  • vidya_mba
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This is going to impact dashing wealthy Indians' dream of owning homes abroad. Overseas direct investment by Indian companies has been cut three fourths (100% of net worth now) making it difficult for loacal corporates to buy overseas assets

Re: RBI lowers overseas remittances 3 years, 3 months ago #1806

  • mansin
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though i am not much aware the situation of buying real estate abroad, i tnink this is a good move. as more wealth would be invested in india in real estate.

Re: RBI lowers overseas remittances 3 years, 3 months ago #1810

Ust another move to promote indian ivestments at home. It seems a positive move but with the dollar appreciating against inr, it can lead to slight wobblesj
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